Crypto rebounds after Trump pauses Iran energy strikes

Bitcoin and other cryptocurrencies saw a modest recovery from earlier losses following U.S. President Donald Trump's announcement to extend a pause on attacks against Iran's energy infrastructure. This pause, now set for 10 days, comes amid ongoing diplomatic talks and has helped stabilize markets after a significant downturn. The broader market selloff, driven by surging oil prices and rising bond yields due to Middle East tensions, had previously impacted Bitcoin and the Nasdaq. While cryptocurrencies rebounded slightly, they remain down over the past 24 hours, reflecting ongoing market volatility.